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he made over 200 million euros. now, many of his fellow greeks are looking to follow in his footsteps, and he can see why -- not only does he love the beautiful swiss countryside and the country's efficiency, he also appreciates its low rate of taxation. >> it is not illegal, but morally unacceptable that in some comfort -- countries, you have to pay 50% tax. anybody who wants to have a good quality life -- i find it proper no more. it has to do with tax. >> tax regulation is especially business friendly, which is why thousands of businesses are headquartered, at least on paper, here. a growing number of greek businesses are here as well. christoph knows why. he has just helped a company set up business. in switzerland, the corporate tax rate is just 5%, compared to 20% in greece. he shows colleagues how he said it up. tax breaks are one of several factors that make switzerland highly attractive to businesses. >> if you base your business here, you are in good company, international company. there is a host of inter
he made over 200 million euros. now, many of his fellow greeks are looking to follow in his footsteps, and he can see why -- not only does he love the beautiful swiss countryside and the country's efficiency, he also appreciates its low rate of taxation. >> it is not illegal, but morally unacceptable that in some comfort -- countries, you have to pay 50% tax. anybody who wants to have a good quality life -- i find it proper no more. it has to do with tax. >> tax regulation is...
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over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on that will be continued as before, but further steps need to be taken before a new deadline can be given. >> the board has reportedly known about the delay for weeks. wowereit's opponents are not happy about that. some say it is time for him to go. >> at this point, it must be said that klaus wowereit is no longer fit for the job, especially if it is true that he left the public in the dark for weeks, leading as a -- leaving us a disaster that will cost hundreds of billions of euros or more. >> beyond 2014, there is little indication when the new hub might open it
over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on...
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that helps gives the euro a bit of a lift at 1.40.65. dollar/yep, more profit taking after hitting that 29-month high on friday. euro/dollar, we dipped below 1.30. 1.3116 is where we stand at the moment. that's why we are in european trade. rejoining us with a look at the asian trade, li sixuan in singapore. >> thank you, ross. most asian markets finished in the red following a week gain on wall street. the nikkei ending nearly 11% lower. this despite the new prime minister stepping up his call for easing yet again. exporters extended losses. sharp shares jumped after the tvmaker forecasted better than expected operating profits for the december quarter. in china, the shanghai composite slipped by .4%. property counters were the big loserses. and the hang seng shed almost 1% today. ping an shares fell more than 4% after news that the china development bank is reconsidering the sale of shares in ping an shares. china pacific insurance sharply lover after u.s. carlyle group sold its remaining stake in the company. in taiwan, htc lost groun
that helps gives the euro a bit of a lift at 1.40.65. dollar/yep, more profit taking after hitting that 29-month high on friday. euro/dollar, we dipped below 1.30. 1.3116 is where we stand at the moment. that's why we are in european trade. rejoining us with a look at the asian trade, li sixuan in singapore. >> thank you, ross. most asian markets finished in the red following a week gain on wall street. the nikkei ending nearly 11% lower. this despite the new prime minister stepping up...
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euro stoxx 50 down just slightly. across the atlantic, the dow also giving up some ground, trading at this hour at 13,324 points, and the euro trading at a value of $1.3080. the greek prime minister met in berlin tuesday with the german chancellor. he highlighted the enormous efforts being made by the people of greece to meet the conditions of its international bailout, and some 90 of by saying, "we are delivering. europe is helping." >> merkel -- merkel is praising athens' austerity drive and says the entire european union faces difficulty in the months ahead to overcome differences. >> a wet and blustery berlin awaited the greek prime minister. he was in the german capital awaiting a conference organized by the newspaper, but he also dropped in on chancellor merkel for what were described as informal talks. samaras said greece was still doing all it could to get its economic house in order. >> in greece, we are making enormous effort and great sacrifices to get things back on the right track. we are doing everything
euro stoxx 50 down just slightly. across the atlantic, the dow also giving up some ground, trading at this hour at 13,324 points, and the euro trading at a value of $1.3080. the greek prime minister met in berlin tuesday with the german chancellor. he highlighted the enormous efforts being made by the people of greece to meet the conditions of its international bailout, and some 90 of by saying, "we are delivering. europe is helping." >> merkel -- merkel is praising athens'...
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euro stoxx 50 down just slightly. across the atlantic, the dow also giving up some ground, trading at this hour at 13,324 points, and the euro trading at a value of $1.3080. the greek prime minister met in berlin tuesday with the german chancellor. he highlighted the enormous efforts being made by the people of greece to meet the conditions of its international bailout, and some 90 of by saying, "we are delivering. europe is helping." >> merkel -- merkel is praising athens' austerity drive and says the entire european union faces difficulty in the months ahead to overcome differences. >> a wet and blustery berlin awaited the greek prime minister. he was in the german capital awaiting a conference organized by the newspaper, but he also dropped in on chancellor merkel for what were described as informal talks. samaras said greece was still doing all it could to get its economic house in order. >> in greece, we are making enormous effort and great sacrifices to get things back on the right track. we are doing everything
euro stoxx 50 down just slightly. across the atlantic, the dow also giving up some ground, trading at this hour at 13,324 points, and the euro trading at a value of $1.3080. the greek prime minister met in berlin tuesday with the german chancellor. he highlighted the enormous efforts being made by the people of greece to meet the conditions of its international bailout, and some 90 of by saying, "we are delivering. europe is helping." >> merkel -- merkel is praising athens'...
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up 0.1 percentage points since october and highest since the euro was introduced in 1999. within the zone, spain showed the highest rate. it rose from 26.6% in spain. many young people out of work under half of those under 25 were jobless in the month. up 0.7 points since october. in portugal, unemployment stood at 16.3%. 14.6% in ireland. for greece, latest data up only to september. the jobless rate in that month, 26%. 0.7 percentage points higher than in august. >>> smoke from electry call fire filled the cabin of a boeing 787 at a boston airport. it was preparing for its next flight no. one was injured. a mechanic spotted smoke rising from the back of the aircraft at logan international airport. the plane had flown in from japan. all 172 passengers and 11 crew members had disembarked. firefighters found flames coming from a battery pack under the passenger's compartment and put out the fire. the battery starts the auxiliary power unit. it supplies electricity while the aircraft is parked. investigators from the ntsb are looking into the case. the 787 is boeing's newest
up 0.1 percentage points since october and highest since the euro was introduced in 1999. within the zone, spain showed the highest rate. it rose from 26.6% in spain. many young people out of work under half of those under 25 were jobless in the month. up 0.7 points since october. in portugal, unemployment stood at 16.3%. 14.6% in ireland. for greece, latest data up only to september. the jobless rate in that month, 26%. 0.7 percentage points higher than in august. >>> smoke from...
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. >> the euro zone unemployment average reached all-time high of 11.8%. up from 11.7 in october. in country like italy, the situation is particularly dire. youth unemployment registered to 37%. >> here they are lined up with jobs accusation center. >> i don't have any trust in my country. absolutely not. no way out. we have our backs against the wall. either you leigh, if you stay here you are condemned. >> some blame the austerity measures that led to violence across the continent for aggravating the employment situation. greater unemployment comes diminished spending power so you get a vicious circle. still, despite the fact that improvements aren't happening quick enough. the leaders of the 27 countrys leaders from the different political parties learned to reach con ken sus. for example on banking union. >> the leaders have come together to change the system in ways they hope will not only stabilize the euro but lead to longer term growth. >> the euro zone need to do more to convince investors they are business friendly. unless it happens the much-needed job goes elsewhere. >
. >> the euro zone unemployment average reached all-time high of 11.8%. up from 11.7 in october. in country like italy, the situation is particularly dire. youth unemployment registered to 37%. >> here they are lined up with jobs accusation center. >> i don't have any trust in my country. absolutely not. no way out. we have our backs against the wall. either you leigh, if you stay here you are condemned. >> some blame the austerity measures that led to violence across...
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. > and slowly but surely the euro is heading higher. why is that larry? > > we saw at the euro drop so much, and obviously europe was dealing with so many problems, things don't - markets expecially - don't move forever, and i think this is just a recovery. had a whole lot of people short, and some of those shorts are starting to pop out. and the higher the market goes, the more shorts will come out of it. > good to have you on the show. that's larry levin of trading advantage. > > thank you. in our cover story, bank deals here and across the pond. bank of america is among ten banks that reached agreements with federal regulators over foreclosure abuses. the settlement includes billions of cash payments to borrowers who suffered foreclosures or are in danger of losing their homes. the settlement resolves the so- called robo-signing scandal - the hasty process by which banks approved foreclosures. banks involved include bank of america, citigroup, wells fargo, jp morgan chase and six others. "bank of america, or really countrywide, was not being as careful
. > and slowly but surely the euro is heading higher. why is that larry? > > we saw at the euro drop so much, and obviously europe was dealing with so many problems, things don't - markets expecially - don't move forever, and i think this is just a recovery. had a whole lot of people short, and some of those shorts are starting to pop out. and the higher the market goes, the more shorts will come out of it. > good to have you on the show. that's larry levin of trading advantage....
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sliding down a slippery slope into the economic abyss the euro zone hits a new unemployment high with spain as again the worst affected small that later in the program. plus other syrian crisis feeds that could have aspirations for statehood with turkey paralyzed by fear as insurgents as step up their game on home territory. belfast has seen a first straight night of violence as police wide plastic bullets and water cannons at hundreds of loyalists protesters the angry mobs rolled firebombs breaks up the authorities and three sixty officers have been wanted in battle writings over the last weeks and city halls decision to only fly the union flag on special days analysed and political blogger midfield tea things it shows that lawyers don't have enough representation in local politics. what we're seeing here is in northern ireland as a result of the peace process we have a government in which everyone who is elected to the parliament is part of the government not leaves no space for parliamentary opposition and so when something like this happens that is seen by certain mostly working c
sliding down a slippery slope into the economic abyss the euro zone hits a new unemployment high with spain as again the worst affected small that later in the program. plus other syrian crisis feeds that could have aspirations for statehood with turkey paralyzed by fear as insurgents as step up their game on home territory. belfast has seen a first straight night of violence as police wide plastic bullets and water cannons at hundreds of loyalists protesters the angry mobs rolled firebombs...
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dollar is the worst currency outside the euro. but i happen to also own gold i don't think it will go up right away and maybe we still have a correction of another 10% or so on the downside. i just think that government will print money and that there will be competitive devaluation, and so i want to have gold as an insurance. >> wow. but, am i right to read on that that you deem the u.s. dollar as the, you know, the best place to be in terms of currencies? you don't think -- >> i suppose. i mean, i also own singapore dollars, the singapore dollar is probably very good currency to own, down through my exposure to use the currency. but, i don't think that the euro is now a very desirable currency to own. and do we have a lot of problems as senator ron johnson explained just now, in the u.s., but we have the same problems, or even more in europe. so in the beauty contest of the ugliest currencies, the u.s. dollar is not winning. it's okay. and i think i'd rather be in dollars at the present time, than say euros. >> marc, that's fasc
dollar is the worst currency outside the euro. but i happen to also own gold i don't think it will go up right away and maybe we still have a correction of another 10% or so on the downside. i just think that government will print money and that there will be competitive devaluation, and so i want to have gold as an insurance. >> wow. but, am i right to read on that that you deem the u.s. dollar as the, you know, the best place to be in terms of currencies? you don't think -- >> i...
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the euro is trading higher against the yen. let's take a look at other markets in the asia pacific. the kospi is trading lower and in australia the benchmark index is trading higher at 4,724. >>> chinese drivers are steering clear of new cars. directors reported a 5.3% drop over the previous year with less than 1.2 million units sold. toyota registered their first declining sell since entering china ten years ago. sales at honda shrank too. mazda's dropped by 12.9%. the japanese government nationalized the senkaku islands in the east china sea. china and taiwan claimed the islands and it pushed consumers to boycott products. here is a recap of markets. >>> five men appeared in in a new delhi court monday. the m have been charged with raping a 23-year-old woman on a bus. they threw her from the vehicle. she died two weeks later in the hospital. the men heard the charges without defense lawyers present. many lawyers are avoiding the case because of the scale of public outrage at the crime. the trial is expected to be closed to public and media. protesters have been demanding harsh pun
the euro is trading higher against the yen. let's take a look at other markets in the asia pacific. the kospi is trading lower and in australia the benchmark index is trading higher at 4,724. >>> chinese drivers are steering clear of new cars. directors reported a 5.3% drop over the previous year with less than 1.2 million units sold. toyota registered their first declining sell since entering china ten years ago. sales at honda shrank too. mazda's dropped by 12.9%. the japanese...
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>> i'm looking to sell the euro. again, i think not only will the ecb do more, i put this out on andrewbush.com that the s&p is overdone when rallying as much. i want to sell above the levels 131.25. that used to be support, now resistance. i'm looking for 150 points on the downside. 13175. that will be a decent spot. if you get above there you're wrong on the trade. >> andy, good stuff, good plug as well. >> gotta do it. gotta do it. >> i hear you. you get trade every friday on christina's money in motion 5:30 p.m. eastern time. next up we'll talk final trades on halftime. from here to new york stock exchange. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle
>> i'm looking to sell the euro. again, i think not only will the ecb do more, i put this out on andrewbush.com that the s&p is overdone when rallying as much. i want to sell above the levels 131.25. that used to be support, now resistance. i'm looking for 150 points on the downside. 13175. that will be a decent spot. if you get above there you're wrong on the trade. >> andy, good stuff, good plug as well. >> gotta do it. gotta do it. >> i hear you. you get trade...
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. >> the number of people out of work in the member countries of the euro zone hit a record high in november according to figures released under an hour ago. nearly 12% of 330 million people in 17 countries were unemployed. that means 19 million people are jobless. 2 million people at the same tired year ago. the european economy has been struggling with huge debts in the aftermath of the global banking crisis. rebels in northern myanmar say the army is continuing its air and ground assault against them. we have obtained these pictures of the fighting. the military reportedly attacked hilltop positions belonging to the independence army on monday. the only ethnic minority group that has not reached a truce with the government. the chinese government is reportedly looking to stop using controversial labor camps that critics say violate fundamental rights. the system has been used for years to silence political opponents. it allows chinese authorities to keep citizens locked up for years without charge or trial. now this report. >> with word of what could be a momentous decision, this man, sup
. >> the number of people out of work in the member countries of the euro zone hit a record high in november according to figures released under an hour ago. nearly 12% of 330 million people in 17 countries were unemployed. that means 19 million people are jobless. 2 million people at the same tired year ago. the european economy has been struggling with huge debts in the aftermath of the global banking crisis. rebels in northern myanmar say the army is continuing its air and ground...
SFGTV2: San Francisco Government Television
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pervasive just telling you the debt crisis is basically a crisis connected to the governments of the euro system that has hit some countries for some reasons. somewhat we were hit because of the sins of our past. we have been having -- we have had a relatively a sizable but stable debt for a long time, but the point is it's very manageable. we are reducing it pretty fast, very fast indeed, and also to reassure the investors if you put together the net household wealth of italians as compared to the debt of the government and the companies the ratio is three to one, so it's a matter of redistribution somehow. italians thanks to god are a wealtdy people and the matter is how we can put things into order in our household but definitely italy is a major stable solid economy, and once -- already there are signs of strong improvement. once this crisis is over we will definitely flex the muscles. please. >> [inaudible] are you planning show case any important architects and designers in this year of italian culture? >> definitely. i mean in san francisco there's a wonderful san francisco design
pervasive just telling you the debt crisis is basically a crisis connected to the governments of the euro system that has hit some countries for some reasons. somewhat we were hit because of the sins of our past. we have been having -- we have had a relatively a sizable but stable debt for a long time, but the point is it's very manageable. we are reducing it pretty fast, very fast indeed, and also to reassure the investors if you put together the net household wealth of italians as compared to...
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jon, if there is any is that business and consumer confidence is up in the euro zone. some studies are showing, and basically the market turmoil has sort of calmed down, but still the labor markets are really the drain on the situation now, and with bank lending down precipitously there is talk that the european central bank may need to come up with some new measures to stimulate economy, possibly loring interest rates. they are having a rate-setting meeting this thursday. jon: and i'm guessing their actual unemployment rate is a lot higher than the 11.8% that -- >> that is an average across the block, jon, so it's lower in some countries, and as you see really high in places like spain, and youth unemployment, crazy 50% in places like greece. jon: wow, let's hope that is not a glimpse into our future. amy kellogg, thanks. jenna: a new flare-up of violence between new nuclear armed countries. india accusing pakistan of killing two of its soldiers while on patrol near the highly disputed region of kashmir. this comes two days after a fight in which pakistan claims one o
jon, if there is any is that business and consumer confidence is up in the euro zone. some studies are showing, and basically the market turmoil has sort of calmed down, but still the labor markets are really the drain on the situation now, and with bank lending down precipitously there is talk that the european central bank may need to come up with some new measures to stimulate economy, possibly loring interest rates. they are having a rate-setting meeting this thursday. jon: and i'm guessing...
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the euro zone's jobless rate sits a new record high was spain again was suffering the most followed by grace nearly twelve percent are out of work across the bloc now over a quarter of people in fact in spain can't find a job that worrying number comes amid fresh demonstration. to madrid thousands of doctors have been marching against government plans to partly privatized health care a move they fear would ultimately lead to further job cuts spanish political analyst . says it's an alarming sign that traditionally pro-government medical workers have turned out in protest. but it's interesting about these protests in the health care sector is that it's different from a sociological point of view from all the protests we're seen around spain we've seen of course teachers and and. public sector workers of all sorts transport all the services are basically on strike or staging protests now what is different about the is that you have doctors which are traditionally in spain like elsewhere are traditionally more conservative they most of them they backed the government prior to its election
the euro zone's jobless rate sits a new record high was spain again was suffering the most followed by grace nearly twelve percent are out of work across the bloc now over a quarter of people in fact in spain can't find a job that worrying number comes amid fresh demonstration. to madrid thousands of doctors have been marching against government plans to partly privatized health care a move they fear would ultimately lead to further job cuts spanish political analyst . says it's an alarming...
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long so why stay for it so it is quite a grim picture at the moment and more financial problems in the euro but as medics they hit the streets of madrid awful government decision time is parts of the health care system to help we live into the country's recession pleat economy. recovers from surgery in the speculation but as well is on the edge of a political crisis report on that and more later in the program. wealthy british scientists are. sometimes it's like the sun goes. down like that. market. find out what's really happening to the global economy with max keiser for a no holds barred look at the global financial headlines tune into kinds a report on our. there was an r g it's good to have you with us one of the world's most reclusive countries north korea has had a a high profile visit from the u.s. by eric schmidt chairman of the online search giant google the private trip has already prompted speculation about the company's intentions to engage with people young and also drawn condemnation from washington that looking to punish north korea following its recent to be solved has made
long so why stay for it so it is quite a grim picture at the moment and more financial problems in the euro but as medics they hit the streets of madrid awful government decision time is parts of the health care system to help we live into the country's recession pleat economy. recovers from surgery in the speculation but as well is on the edge of a political crisis report on that and more later in the program. wealthy british scientists are. sometimes it's like the sun goes. down like that....
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unemployment in the 17 european union countries that use the euro is still headed the wrong direction. it reached a record 11.8% november as the number of jobless in the 27 country eu topped 26 million for the first time since the financial crisis began three years ago. employment in greece is up 26%. we will be right back staples is the number 1 office super store ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples, that was easy. >> thousands of firefighters are on standby air as standby as wild fires raged across southeast australia. officials are evaluating national parks and warning that blistering temperatures and high winds of lead to catastrophic fire conditions in some areas. no deaths and have been reported but some 100 people are still missing. fires that burn more than a 100,000 a. in southern tasmania and new south wales. >> we will start off in tahoe with a look at i 80 at eastbound can bail. operators of the ski resorts are praising the start of a news skeet freak the shuttle program. seve
unemployment in the 17 european union countries that use the euro is still headed the wrong direction. it reached a record 11.8% november as the number of jobless in the 27 country eu topped 26 million for the first time since the financial crisis began three years ago. employment in greece is up 26%. we will be right back staples is the number 1 office super store ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink....
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new this morning, unemployment in the euro area hit a record high 11.8% in november. now the u.s. could default on its debt in five weeks, half a month earlier than expected according to a new report by the bipartisan policy center, it predicts it will hit the debt ceiling as early as february 15th and almost certainly before march 1st despite extraordinary measures taken by the treasury department to delay that from happening. on that day the u.s. will have $9 billion coming in to treas y treasuries coffers, and $52 billion. >> that's not going to work. >> hence the budget wars we are about to live through. >>> federal regulators announced a settlement over alleged foreclosure abuses and bank of america agreed to a $10 billion settlement with fannie mae. bank of america hit a two-year high on the day it had to cough up $10 billion. and rich homeowners rushed to sell their property before the fiscal cliff, sales of luxury homes spiked in the last months of 2012 according to the national association of realtors the goal to avoid the capital gains tax hike and the medicare surtax on
new this morning, unemployment in the euro area hit a record high 11.8% in november. now the u.s. could default on its debt in five weeks, half a month earlier than expected according to a new report by the bipartisan policy center, it predicts it will hit the debt ceiling as early as february 15th and almost certainly before march 1st despite extraordinary measures taken by the treasury department to delay that from happening. on that day the u.s. will have $9 billion coming in to treas y...
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and unemployment in the euro area, hit a record high in november. crazy. 11.8%. >> 11.8% is the unemployment rate in the eurozone. one of the reasons we look at this, they have been in the mist of austerity, cutting budgets, tightening the belt. something we're talking about in this country as we face the debt ceiling debacle, and in europe, that's causing a rise in unemployment. something economists are watching closely. earnings season will kick off here in the next couple of days. alcoa, the first big one, monsan monsanto. i'm listening to big commeecome. speaking of the debt ceiling, bipartisan policy center says we'll hit the "x" date maybe as early as february 15th. if you don't raise the debt ceiling, the u.s. can't pay all of its bills. a chaotic situation, a real problem. if we hit it then, we'd see $9 billion coming in on revenue, cash flow. that's on the left side. and to pay our bills, we have $52 billion due on committed spending the same day. that's a $43 billion deficit. with interest on the debt, urs refunds, federal salaries, milita
and unemployment in the euro area, hit a record high in november. crazy. 11.8%. >> 11.8% is the unemployment rate in the eurozone. one of the reasons we look at this, they have been in the mist of austerity, cutting budgets, tightening the belt. something we're talking about in this country as we face the debt ceiling debacle, and in europe, that's causing a rise in unemployment. something economists are watching closely. earnings season will kick off here in the next couple of days....
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unemployment across the euro- zone countries has hit another record high, 11.8%, in november. the european union reported today the jobless rate rose more than a full percentage point from a year earlier. greece had the single biggest year-to-year increase, jumping seven points to 26%. across the e.u., some 26 million people were out of work. wall street was down again today as the market marked time, waiting for corporate earnings announcements. the dow jones industrial average lost 55 points to close under 13,329. the nasdaq fell seven points to close below 3092. those are some of the day's major stories. now, back to gwen. >> ifill: we return to the u.s. consulate attack in benghazi, the only known suspect held in connection with the incident was released today in tunisia. his attorney said he was freed because of a lack of evidence. the attack, which killed u.s. ambassador to libya christopher stevens and three other americans was seen by large crowds and captured on security cameras, but the culprits have remained elusive. libyan witnesses have reportedly placed a local l
unemployment across the euro- zone countries has hit another record high, 11.8%, in november. the european union reported today the jobless rate rose more than a full percentage point from a year earlier. greece had the single biggest year-to-year increase, jumping seven points to 26%. across the e.u., some 26 million people were out of work. wall street was down again today as the market marked time, waiting for corporate earnings announcements. the dow jones industrial average lost 55 points...
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and in the euro zone, a potential spanish downgrade. what i'm focused on is looking at vix call options, expiring in february. as a result, february comes around, more jitters in the market, you'll make money. >> all right, so, you're expecting a down market, then, is what you're saying, except being selective. robert, you're up. 30 seconds on the clock. go for it. >> yeah, tomorrow i'm going to be watching the price action in alcoa after reporting earnings this afternoon. the stock's been a dismal performer since 2011. we think a close tomorrow above $9.25 is positive for alcoa. gives us good momentum heading into earnings season. also at 1:00 p.m., i'm going to watch the ten-year treasury auction. want to see how that responds. we believe technically that rates are going to be heading higher and we think this is bullish for equities. we anticipate the $1.75 trillion that's flowed into bond mutual funds to make it way back. >> 30 seconds on the clock. what do you want to look at? >> sure, maria. with little economic news coming out tom
and in the euro zone, a potential spanish downgrade. what i'm focused on is looking at vix call options, expiring in february. as a result, february comes around, more jitters in the market, you'll make money. >> all right, so, you're expecting a down market, then, is what you're saying, except being selective. robert, you're up. 30 seconds on the clock. go for it. >> yeah, tomorrow i'm going to be watching the price action in alcoa after reporting earnings this afternoon. the...
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will you be afraid it could be much worse, euro crisis or debt ceiling or china hard landing, would it really spook you to the point that you get more nervous. nobody's bearish about earnings right now. they aren't. people think it's a -- the numbers are too high and they'll slowly come down, but they're not worried about a recession like they were in the fall, summer and fall of 2011. look, i think the earnings numbers will come down. if the multiple expands, it will be because people believe the policy will be there forever. if you're me, you're worried a little bit more about the fed balance sheet and the fact that it obviously robs from the future to do this unconventional policy. i don't really want to gamble that is a great long-term strategy. >> we've got to wrap up. i give you a lot of credit. you work for a firm that's got a year's retail platform and probably benefits from people buying stocks. do you ever get pressure from management at all? >> never at all. to be honest, i work at a firm with a bunch of great people. my job is to make people think. when you have a framework
will you be afraid it could be much worse, euro crisis or debt ceiling or china hard landing, would it really spook you to the point that you get more nervous. nobody's bearish about earnings right now. they aren't. people think it's a -- the numbers are too high and they'll slowly come down, but they're not worried about a recession like they were in the fall, summer and fall of 2011. look, i think the earnings numbers will come down. if the multiple expands, it will be because people believe...
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Jan 8, 2013
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estos balones de oro, se lo ganó vicente del voz con la gran selección de oro y dio los pasos con la euro copa. >>> extraordinario y vamos con rayos y getape! >>> primer tiempo el as con un disparo fulminante, 15 minutos después mitti con el segundo y golea! >>> en el segundo tiempo piti consigue el tercer gol y en el 75 firma la hornilla con el rayo que triunfa por 3 a 1. >>> >>> qué le parece? >>> se merece el bolín de oro! >>> mi pelito! >>> mira dónde le cayó! (risas). >>> qué pasó? >>> ay, las cosas que se ven. >>> queremos que seas parte de nuestro programa, comunícate con nosotros a través de la página de twitter y facebook que ves en pantalla o también a través de univision.com, te esperamos en despierta américa. >>> estan gozando de lo lindo por aquí! >>> estás muy guapa eh? >>> tu no lo haces nada de mal. >>> tus zapato? >>> no se me olvidaron. >>> ya que se pondrán leggings, ponganse botas también! >>> >>> a quién les gusta las bajas temperaturas? >>> a mi, yo prefiero frío que calor. >>> las bajas temperaturas hacen de las suyas por todos le mundo. >>> aquí
estos balones de oro, se lo ganó vicente del voz con la gran selección de oro y dio los pasos con la euro copa. >>> extraordinario y vamos con rayos y getape! >>> primer tiempo el as con un disparo fulminante, 15 minutos después mitti con el segundo y golea! >>> en el segundo tiempo piti consigue el tercer gol y en el 75 firma la hornilla con el rayo que triunfa por 3 a 1. >>> >>> qué le parece? >>> se merece el bolín de oro!...
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. >> 22 euro dexter oliver, the victim's boyfriend is facing attempted murder and arson charges. >> authorities received information on where oliver was stand. he surrendered to police at a hotel and oakland. >> authorities said the 19 year-old woman found dead last week in south lake tahoe might have been this oriented when she left the snow golglobe music festival. >> alyss bryne was found by the snow bank of the pioneer trail on friday after her family of french reporter missing. >> authorities did not suspect foul play. >> the sacramento county coroner's office will conduct an autopsy. it is likely to determine if alcohol or drugs were in the petaluma teens system. >> a federal court is polos of brought against the los angeles police department by a man wrongly accused of viciously beating a giants fan outside of dodger stadium. >> d a body ramirez sue the department and its chief saying, is right to due process or violated when he was arrested. but never charged in the near fatal beating of a giants fan. >> please consider him a suspect for months even though his lawyers said, he had never
. >> 22 euro dexter oliver, the victim's boyfriend is facing attempted murder and arson charges. >> authorities received information on where oliver was stand. he surrendered to police at a hotel and oakland. >> authorities said the 19 year-old woman found dead last week in south lake tahoe might have been this oriented when she left the snow golglobe music festival. >> alyss bryne was found by the snow bank of the pioneer trail on friday after her family of french...
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we no longer contribute to the bailout of the euro zone nations. we've helped put in place very tough sanctions against iran and syria. so we've managed to deal with quite a difficult european situation, but i think in a very sensible, in a sensible way. now at the next election i'll be putting forth what i've spoken about, a new settlement and fresh consent for the settlement of the united kingdom. i think the opportunity get that is opening up, and so that's something i'm looking for deciding out in my speech in january. i do believe, as i said many times, including the weekend, i think britain's interest is to stay in the single market, to stay committed to that. we are a trading nation where we don't just need access to europe's markets, as nic has said, we need a seed round the table to write the rules of those markets. so that is out of the what we want. so as i say, you can have two parties working together, managing the real issues ongoing with our relationship with europe but then setting out at the next election quite properly different a
we no longer contribute to the bailout of the euro zone nations. we've helped put in place very tough sanctions against iran and syria. so we've managed to deal with quite a difficult european situation, but i think in a very sensible, in a sensible way. now at the next election i'll be putting forth what i've spoken about, a new settlement and fresh consent for the settlement of the united kingdom. i think the opportunity get that is opening up, and so that's something i'm looking for deciding...
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. >> bill: the euro star. carol and i took it last summer. it is phenomenal. >> wonderful right? it is a pleasure to ride that. you don't feel like you're going on a trip. you normally think of going on a trip, i have to deal with the airlines and security and you almost say maybe i don't want to go on a trip. but when you have a train like the eurostar, you look forward to the trip. >> bill: will the american people support high-speed rail? are we doing enough? will congress support it? 1-866-55-press is the toll free number. andy kunz is the president of the u.s. high-speed rail association. follow their good work at ushsr. ushsr.com. you mentioned you've got a little summit coming up in washington to build more support for this early february. >> february 11-13 right here in d.c. we'll be bringing together political leaders, the administration, lot of the international high-speed rail experts, business leaders from around the country. to really move forward with plans and kind of educate people and rally people up and so we're look forward to. that we expect a couple hundred p
. >> bill: the euro star. carol and i took it last summer. it is phenomenal. >> wonderful right? it is a pleasure to ride that. you don't feel like you're going on a trip. you normally think of going on a trip, i have to deal with the airlines and security and you almost say maybe i don't want to go on a trip. but when you have a train like the eurostar, you look forward to the trip. >> bill: will the american people support high-speed rail? are we doing enough? will congress...
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stocks down 73 points issue and the dollar is stronger there versus the euro and the pound. we'll be right back. ♪ ♪ melissa: 21 minutes past the hour. the fox news minute, border tensions rising after pakistani soldiers killed to indian soldiers in the disputed kashmir region. they are accused of disresulting a cease fire held for over a dead. both countries claim the area, but the area is divided between them. former representative giffords, and her husband launching gun control initiatives seeking to reduce gun violence and prevent mass shootings. today the the go year anniversary after a gunman killed six and critically injured give fards. opening an investigation into the death of a lottery winner last summer. after new tests determine he died of cyanide poisenning and not natural causes. the family urged medical examiners to re-examine the case. those are the headlines, back now to melissa and lori. melissa: thank you so much. jack lew will likely take over tim geithner as treasury secretary, but what will geithner do as a private cents and what will others in obam
stocks down 73 points issue and the dollar is stronger there versus the euro and the pound. we'll be right back. ♪ ♪ melissa: 21 minutes past the hour. the fox news minute, border tensions rising after pakistani soldiers killed to indian soldiers in the disputed kashmir region. they are accused of disresulting a cease fire held for over a dead. both countries claim the area, but the area is divided between them. former representative giffords, and her husband launching gun control...
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i remember the 5-year number was 259, and then the 10-euros 487. about 60 was throughout the more disciplined use of resources. trying to remember, but i don't for sure what portion. 20%. probably roughly the same, but i don't frankly remember. i should, but i don't remember the number. so, you know, you start to go from sequestration, but let me try to be helpful. under the law before the new year's day legislation there was a sequestration about 547 in something called the national defence function where about 95 percent of that. our share was about 52. also a cap in the budget control act, and there was a sequestration associated with that. in the prior law we thought it would be 10 billion. the total is 62. when nothing the total would be more like 45. i hope he will take those numbers as rough, roughly 9%. and smaller because they change the law and a change some of the caps and reduced the size of the sequestration negotiation, the taxpayer relief act. is that clear? >> sorry. >> i'm going to take one more prerogative of the chair and ask one
i remember the 5-year number was 259, and then the 10-euros 487. about 60 was throughout the more disciplined use of resources. trying to remember, but i don't for sure what portion. 20%. probably roughly the same, but i don't frankly remember. i should, but i don't remember the number. so, you know, you start to go from sequestration, but let me try to be helpful. under the law before the new year's day legislation there was a sequestration about 547 in something called the national defence...
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euroing we're i don't think we're a blood thirsty culture and we need to look at everything we can do to safe guard our people. >> i appreciate your honesty on this. let me quickly ask you, the "rolling stone" article kind of exploded on our show that morning it broke and led to a fairly quick departure. do you feel misunderstood about parts of those -- the repo reporting -- and is there anything you would change looking back? >> first, i would tell you, as a commander, i take responsibility for what happened. when i came back to offer my resignation to president obama, that's exactly what i told him, i take responsibility, because that's what commanders do, and move on. i think that the media controversy that arose around that, i actually believe that it may not be entirely accurate, but the commander in chief who i worked for was my commander in chief and still my commander in chief. i owe him not to put such things on his desk, not to have him face controversies. whether it's my fault or not, it's my responsibility. i think it's front that i -- i was raised, the responsibility is w
euroing we're i don't think we're a blood thirsty culture and we need to look at everything we can do to safe guard our people. >> i appreciate your honesty on this. let me quickly ask you, the "rolling stone" article kind of exploded on our show that morning it broke and led to a fairly quick departure. do you feel misunderstood about parts of those -- the repo reporting -- and is there anything you would change looking back? >> first, i would tell you, as a commander, i...